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Some of y’all make my head hurt with the inability to actually do any DD. NO! They don’t have the loan! Never did! It was a (say it with me) LOI, nothing more. The deal was never finalized it was like a damn promise ring from the US Government. Stop trying to con people into thinking this thing has any glimmer of hope left. It doesn’t, it’s done! Will be down 66-75% by Tuesday at 2000. Just like there venture into crypto coin, this endeavor is only smoke in mirrors meant to dupe the average schmuck.
Ummm, ya! They kinda have a history of doing that. I’m from Rochester, my Dad worked for them for decades only to get hung out high and dry and lose all his shares in the 2012 bankruptcy. To each their own but I am way too familiar with their tactics. It’s been a garbage company for a very long time and hopefully won’t be around much longer.
https://www.wkbw.com/news/state-news/dfc-says-allegations-of-wrongdoing-have-put-kodak-deal-on-hold
Do what you want, but your supposed to avg down on pullbacks and healthy dips not falling knives.
The deal was never done. Only an LOI signed. DFC tweeted that it’s on hold pending completion of the SEC investigation. Couple that with their abysmal earnings report that will be out on Tuesday and this thing is done for. Shorts and Puts are the only way forward with this garbage. Abandon ship if you haven’t already or be prepared to lose it all.
IBIO!!! Russell 2000 and 3000 index!!!! Huuuugggeeee!!!!
Lol, we’ll see. I’m already 1500 shares in. Gonna wait to see what pre market has in store for this before going any further
Let’s be realistic people. Look at the definitive 14a filed on May 7th. I would love for this thing to skyrocket but I am pretty certain it is going to gap down before the next big PR. All IMO.
I could be wrong but there appears to be about a 25 cent gap that needs to be filled down to about 58-59 cents. I hope not, but I’ll be watching regardless at 0400 on Tuesday.
GL, I’m gonna stick it out until Friday. I think today was an overreaction to a red market and no ER yet. I expect to see a correction either tomorrow or the next day.
Tomorrow should be a good day. Just hope to see those contracts factored into their ER.
That’s funny, I was trading ship yesterday. Hit my stop loss then ran up...oh well! Good luck to you as well
I’m at 3.10. Wish I would’ve waited for it to consolidate under 3. Oh well, still gonna make a nice profit
BIMI - ER and possibly contract news expected sometime between the 11th-13th. Expect to see this push into the 4’s.
KOS~ premarket runner. Watch for the quick dip then push to 2.00.
CPE~~very bullish oil play. Expect it to punch through a dollar today.
I must respectfully disagree. As soon as the filings start coming out to clean up this shell it will pop then settle. When news hits of a merger candidate it will pop again. The playbook on custodianship stocks is out there for public consumption. Check out the article I posted last night. All IMO of course.
Unpopular opinion CT, but I actually enjoy your videos.
...but I’m still keeping my eye on you (squints eyes)! ??
Lol, it’s all good. We all have those days, especially this early in the morning.
Trip 0 custodianship plays are rare. The whales here know that. Hell, Stevie Wonder can see where this ones going.
That would be awesome!!! People act like this isn’t a custodianship play and it won’t follow the same trend 99% of them do. Their ignorance is my fortune!
Absolutely, it’s funny watching everyone sale for a loss today. Noobs gonna noob I guess!
Lol, I did the same with LVC*, wasn’t a 40 bagger for me but still made a nice chunk. Patience ALWAYS pays off with these plays.
Here’s a decent article on how custodian plays work for those that are new to these. I’ve been playing them for the past year and some change. Don’t be the fool that sells for a loss!
https://otcmarketresearch.com/understanding-custodianship-plays/
Might be closer to a week depending on how backed up the clerks are.
Considering 99.5% of custodianship hearings are approved. I’d say you’re full of it.
A custodianship hearing won’t end well? That’s the first good joke I’ve heard today, thanks!!!
EXL*...it started heating up today.
Exactly! I just wish I knew about these type of plays a few years ago. I’ve at least doubled my money on every Arcaro play I’ve been in. They just require a little patience is all.
Oh the irony!
LVCA just went current.
https://www.otcmarkets.com/stock/LVCA/overview
I got that. I’m more interested in what the floats are though
OTCM is showing 101 mil for LRD* but those numbers are 3 years old. Not sure if they’re still the same. Since LVCA is just starting to get updated, we will have to wait before the TA has updated numbers. All IMO
Not really, LRD* OS is almost 50 times that of LVCA, the current PPS supports that market cap. Now why LRD* is sitting at a higher PPS right now is more perplexing to me. I’m guessing their float is pretty low but I’m not sure.
LVCA heating up. Should be going current very soon. This Arcaro play is about to begin it’s big run. Get ready folks!
Congressman Chris Collins of NY just arrested for insider trading on INNMF.
https://www.cnn.com/2018/08/08/politics/chris-collins-indicted-insider-trading/index.html
RGLG —-> 58m OS, Joe Arcaro play, day 2. What else do you really need to know?
RGLG —-> 58m OS. With most people buying over .02 today combined with the Arcaro factor, this one could skyrocket tomorrow. Tiny float + Arcaro play = OTC gold. Just look at NUGS or CYPE. The sky’s the limit here.
Jumped in a little bit ago. It’s hard to resist an Arcaro play. Dude has the OTC Midas touch
IMTV - Expect a nice bounce today after corporate update was released AH.
BGFT - CFO will be buying more shares. Form 4 expected to be filed today.